Mississippi Cattlemen's Association
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And the winners are: When the voting closed, 150 great restaurants had received votes for "Mississippi's Best Burger". Expert burger judges will now visit the top finishers to determine the overall champion to be announced during the Dixie National Farm Expo on February 9th.
Top 10
2 Brothers Grill, Hattiesburg Babalu, Jackson Blue Canoe, Tupelo Halfway House, Starkville Market Cafe, Louisville Parlor Market, Jackson Side Street Burger, Olive Branch Stacked Grill, Biloxi Table 100, Flowood The Blue Rooster, Flora
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Forage Conference & Field Day
The 2012 Mississippi Forage and Grassland Conference will be held at the McKenzie Arena in Raymond, November 30 and the Brown Loam Field Day will be held on November 29 from 1-4 p.m. at the Brown Loam Experiment Station. The Conference promises to be the best yet, with experts from seven states speaking on important forage related topics. The conference agenda, information about speakers, and the conference pre-registration form can be found at the MSUCares Forage Website. Preregistration is required before November 26. Space is limited; early registration is encouraged.
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MAFES Production Sale Buyers at the 30th Annual MAFES Production Sale paid an average of $2,054 for bulls and $1,816 for bred heifers from the South Farm and branch stations.
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FarmTastic!
The Beef Council participated in the two-day FarmTastic event in Starkville where 700 Oktibbeha County 3rd graders learned more about the food and fiber they use each day.
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Don't spend your holiday with a turkey! Create a Holiday Roast Tradition
Total Recipe Time: 1 1/4 to 1 1/2 hours
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White Sand Field Day
| South Mississippi Branch Experiment Station |
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Lawrence County Field Day
Lawrence County Cattlemen will host a field day Saturday, Dec 1 at Wally Givens barn near Jayess. The AI demonstration begins at 10:00a.m. To reserve lunch, call 601.587.2271.
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EPA Denies Ethanol Waiver
NCBA expressed disappointment Friday after the announcement that the Environmental Protection Agency (EPA) denied a request to waive the Renewable Fuels Standard (RFS) mandate for the production of corn ethanol. "In light of the most widespread drought to face the country in more than 50 years, the refusal to grant this waiver is a blatant example of the flawed policy of the RFS," said NCBA President J.D. Alexander, a cattle feeder from Pilger, Neb. "The artificial support for corn ethanol provided for by the RFS is only making the situation worse for cattlemen and women by driving up feed costs." In comments submitted by NCBA to EPA in October, NCBA stated that the cattle industry, along with other livestock groups has suffered a significant economic impact due to the RFS mandate and the drought. From December 2007 to August 2012, the cattle feeding sector of the beef industry lost a record $4 billion in equity due to high feed costs and economic factors that have negatively affected beef demand. According to U.S. Department of Agriculture (USDA) reports, corn prices have increased about 60 percent since June 15, 2012, and the near futures price is hovering around $8 per bushel. In a report by USDA's Economic Research Service (ERS), 2011 feed costs for livestock, poultry and dairy reached a record high of $54.6 billion - an increase of more than $9 billion over 2010 costs. The effects of the refusal to waive the RFS will be felt throughout the economy with predictions of 500,000 head beef cow and 50,000 dairy cow liquidation in the U.S. alone in 2012. These losses are driven by drought and high input costs. "Our message to EPA and Administrator Jackson is how bad does it have to get for livestock producers before relief is brought to rural America? Cattlemen and women are only asking for a level playing field," Alexander said. "With EPA's refusal to grant a waiver when faced with these conditions, it is clear the RFS is not working as Congress intended.
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Market Notes Dr. John Michael Riley November 16, 2012
Cash Cattle:
Fed cattle trade was very limited this week with no regions showing enough cash trade to call any trends. The 5-Area live cattle price was down about 50 cents per hundredweight from last week at $123.94 and the dressed price was up 13 cents at $195.13/cwt. In Oklahoma City, feeder steers and heifers were steady to $2/cwt lower, steer and heifer calves were steady to $3/cwt lower. Feeder steers and heifers were steady in Mississippi auctions this week. Slaughter cows were steady and bulls were $1/cwt higher.
Futures:
Live cattle futures prices were up and down this week. Most contract months gained a little under $1/cwt from last week's close. The nearby December contract fell the most dropping $1.38/cwt from last Friday as cash prices continue to struggle. Light trade this week provided little in the way of market shaping news and most trade was speculative ahead of Friday afternoon's Cattle on Feed report. The report revealed 5% fewer cattle on feed than a year ago, at 11.254 million head, and placements were down 13% from 2011, at 2.180 million head (for more on the report click here). Corn futures continued to trade in a predominantly sideways pattern and ended the week down about 15 cents per bushel across most contracts through 2013. The Environmental Protection Agency denied the request that had been submitted by a number of livestock and poultry groups to reduce the Renewable Fuel Standard's minimum number of gallons of ethanol that must be blended with gasoline. The agency declared that a reduction would have minimal impacts on corn price as one of the reasons for their decision.
Beef:
Wholesale boxed beef prices were steady for Choice beef and down a bit for Select. Choice finished with a weekly average of $193.17/cwt, up $0.03. Select beef averaged $173.76/cwt for the week, down $1.72. As the Thanksgiving holiday comes into view beef, sales typically slow down and this will likely keep beef prices in check.
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Calendar
November20 Tate-DeSoto CCA 20 Lowndes CCA 20 Noxubee CCA 29, 30 Grazing Conference, Raymond December 1 Lawrence CCA Field Day 6 Multi-County Cattlemen's Mtg Aberdeen 6 Lafayette CCA *********************** SAVE THE DATE!February 8 & 9, 2013 MCA Convention & Dixie National Farm Expo
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